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US SEC updates customer data hacking rules for Wall Street May 16, 2024 12:49PM

(Reuters) - Wall Street's top regulator on Thursday said it had updated rules to ensure investment companies and others work to detect and respond to hackers' theft of customer data.

The changes, approved unanimously by the five-member U.S. Securities and Exchange Commission, apply to rules first adopted in 2000.

"Over the last 24 years, the nature, scale, and impact of data breaches has transformed substantially," SEC Chair Gary Gensler... (continue reading...)


Anglo American has sought fertiliser partners for months, says CEO May 16, 2024 12:44PM

By Clara Denina and Felix Njini

LONDON (Reuters) - Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told Reuters, reiterating the business will be one of three pillars of the revamped miner, even as work there stalls.

The London-listed miner outlined a radical plan on Tuesday to shrink by divesting less profitable coal, nickel, diamond and... (continue reading...)


Factbox-Top takeaways from Putin's trip to China May 16, 2024 12:43PM

MOSCOW (Reuters) - Russian President Vladimir Putin made a state visit to China on Thursday where he was greeted by China's Xi Jinping.

What are the main takeaways from the visit?

* Xi and Putin declare a "new era" partnership:

In a joint statement, 7,000 words long in Russian, Xi and Putin pledged a "new era" of partnership between the two most powerful rivals of the U.S., which they cast as an aggressive Cold War hegemon... (continue reading...)


US FDIC chief faces 2nd day of penitence on Capitol Hill May 16, 2024 12:41PM

By Douglas Gillison

(Reuters) - U.S. Federal Deposit Insurance Corporation Chair Martin Gruenberg on Thursday faced a second day of grilling before lawmakers on Capitol Hill as he battles to survive the fallout from a sexual harassment scandal at his agency.

Appearing alongside fellow top banking regulators from the Federal Reserve and U.S. Office of the Comptroller, Gruenberg reiterated his apologies to staff and acceptance of... (continue reading...)


Moldovan parliament votes to hold EU referendum, presidential election on Oct 20 May 16, 2024 12:17PM

CHISINAU (Reuters) -Parliament in ex-Soviet Moldova voted on Thursday to hold a referendum on October 20 on European Union membership simultaneously with a presidential election.

Membership of the EU is the cornerstone of the policies of President Maia Sandu, who singles out Russia and corruption as the two biggest threats to the sovereignty of the country lying between Ukraine and Romania.

Moldova has been buffeted by Russia's invasion of... (continue reading...)


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